Despite economic shifts, the labor market remains close to full employment, meaning most consumers continue to have jobs and unemployment benefits remain stable, indicating that the current economic conditions have not significantly impacted everyday consumers yet.
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Unemployment Benefits: Why Aren't They Rising? Full Employment Explained #shortsAdded:
We have not seen an uptick in unemployment benefits, and we see we are the primary account for millions of our members. So, if there was a bump in terms of the labor market, we would see that among our customer base. They just haven't been affected yet by it, and I think you've seen in the recent numbers that have come out around labor, like for everyday consumers, we're close to full employment still.
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